Cloud Mining

Cloud Mining is a popular method of cryptocurrency mining that allows individuals to participate in the crypto market without the need for expensive hardware or technical know-how. It involves leasing or purchasing mining power from a remote data center, typically located in regions with low electricity costs. This process enables users to earn cryptocurrencies like Bitcoin or Ethereum without having to manage the complexities of mining rigs and software. Cloud Mining services are provided by specialized companies, offering various contract options to suit different investment capacities. However, potential investors should be cautious, as the sector has seen instances of fraudulent activity. It's crucial to research and select reputable cloud mining companies. This method is an accessible entry point into the crypto world, making it a significant aspect of the blockchain network and cryptocurrency exchange ecosystem.

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The Rise of Illegal Crypto Mining Hijackers – And Big Tech’s Response

Cloud vendors are fighting back against cryptojacking, but the hijackers are getting more sophisticated.

By Eliza GkritsiMar 23, 2022

"Cryptocurrency is here to stay, which unfortunately means crypto-thieves are too," says a Microsoft exec. (Lisa Ann Yount, modified by CoinDesk)

Markets

Asus Allows Gamers to Mine Crypto With Their Idle Graphics Cards

Taiwan-based tech giant Asus is now letting gamers use their graphics cards to earn a share of profits from cryptocurrency mining.

By Yogita KhatriNov 30, 2018

Markets

Genesis Mining to End Unprofitable Crypto Contracts

Cloud mining service Genesis Mining is forcing some clients to upgrade to a five-year subscription or else lose services, it announced Thursday.

By Anna BaydakovaAug 16, 2018

Markets

Cloud Mining Contracts Are Securities, Says Philippines SEC

The Philippines securities watchdog has warned that it will regulate cryptocurrency cloud mining contracts under existing securities rules.

By Wolfie ZhaoApr 11, 2018

Markets

GMO Internet Eyes August Launch for Crypto Cloud Mining

August is when GMO Internet says it could formally kick off its cloud mining service.

By Stan HigginsFeb 12, 2018

Markets

ViaBTC Increases Cloud Mining Fee Citing China's Mining Resource Scarcity

China's crypto mining pool ViaBTC increases its maintenance fee ratio for AntMiner S9 cloud mining contract, citing mining resource scarcity in China.

By Wolfie ZhaoJan 16, 2018